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TMI Blog2011 (11) TMI 780X X X X Extracts X X X X X X X X Extracts X X X X ..... ated 8.1.2010 raising following questions for our consideration:- [A] Whether the Appellate Tribunal is right in law and on facts in allowing the claim of deduction u/s.80IA on the interest amounting to ₹ 86,66,390/- received on margin money? [B] Whether the Appellate Tribunal is right in law and on facts in setting aside the issue of netting of interest to the file of the Assessin ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... re any goods or services held for the purposes of any other business carried on by the assessee are transferred to the eligible business and in either case the consideration for such transfer does not correspond to the market value of such goods as on the date of the transfer, then for the purposes of deduction under Section 80IA in case of the eligible business as if the transfer had been made at ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rises of a component of 8 paise, which was electricity duty, to our mind, would make no difference in so far as the market value is concerned. To a consumer, the price being paid remains 5.40 ps. per unit. The fact that the seller retains only ₹ 5.32 ps. out of the said collection and passes on 8 paise per unit to the Government in the form of electricity duty, to our mind, would make no dif ..... X X X X Extracts X X X X X X X X Extracts X X X X
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